CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II

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..... CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II - New .....

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..... s and Press Release Dated:- 8-6-2021 - News - The Competition Commission of India (CCI) approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, .....

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..... along with a reverse triangular merger of subsidiary of ReNew Global with RMG II. The proposed combination envisages exchange of equity shareholding by existing shareholders of ReNew Power Private .....

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..... Limited ( ReNew Power ) with shares of ReNew Energy Global Limited ( ReNew Global ), along with a reverse triangular merger of wholly owned subsidiary of ReNew Global with RMG Acquisition Corporation .....

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..... II ( RMG II ). ReNew Global is a newly incorporated special purpose acquisition company. It was incorporated for the purpose of effecting a merger, stock purchase or a similar business combination, .....

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..... such as the Proposed Combination. RMG II is traded on NASDAQ. ReNew, along with its subsidiaries and joint ventures is engaged in the business of generating electricity through non-conventional an .....

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..... d renewable energy sources. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI .....

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..... - TMITax .....

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